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Holding: SBUX

JimRegan [0]

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Symbol Sector Return Exposure Trades Last Trade Status
SBUX Restaurants and Bars -13.10%  n/a 1  08-Jul-08  Prior Holding
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24-May-08

Starbucks Investment Rationale

Holding Rationale for SBUX.

Starbucks was an early-January value play that turned sour after continued earnings disappointments. As such, I feel it is entirely useless to drop them from my portfolio at this time. I believe in their long-term prospects run behind an excellent CEO in Schultz... and consider SBUX a "hold" in this environment. I am hoping for a return to $19 so that I may sell out my position without suffering too much of a loss on an otherwise well-run company that has been brought down with the rest of the discretionary sector.

Tagged Stocks: SBUX

 

Posted at 12:29 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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Credibility in SBUX

JimRegan

SBUX Out
Rank 65/170
Return -13.10% at 2008-12-01
Rank 65/170
Trades 1
Followers 0
 

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